TALLY ERP 9 PRACTICE PDF

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9. Recording of Opening Balances. 12 – Making Accounting Entries. 16 – 11 Tally ERP Icon. Please double Click on Tally ERP9 Icon or select. Documents Similar To Tally Practical Question. Tally Business Entry Exericise. Uploaded by. Vinay Kumar · Tally ERP 9 brocapazbebuh.ml Uploaded by. Ganesh. TALLY-9 PRACTICAL QUESTIONS(SAMPLE) 1. Create a Company as “Sagar Industries Ltd.” in Tally with inventory management. 2. Pass the following Entries .


Tally Erp 9 Practice Pdf

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2 TALLY ERP 9 NOTES AND PRACTICE BOOK By Aasim Mushtaq (aasim8uos @brocapazbebuh.ml) This menu is used for selecting company or for. The information contained in this document represents the current view of Tally Solu tions Pvt. Ltd brocapazbebuh.ml brocapazbebuh.ml 9 at a Glance - Tally Solutions. ERP 9 pioneered the 'no accounting codes' concept. brocapazbebuh.ml 9 .. You can now practice selecting, closing and altering company information.

Here the unit of measure is liters.

Similarly, depending upon the products you sell, units of measure can be numbers, liters, kgs, meters, inches and so on. You can maintain your entire stock or inventory in Tally. That is why I am asking you to learn how to create and use stock items, stock groups and units of measure in Tally. I have created two different posts regarding creating and using stock items in Tally. First one is on how you can create stock items, stock groups and units of measure in Tally and second one is on how to use stock items, stock groups and units of measure in Tally.

Go through it and I am sure you will learn a lot about Tally which most of the people do not know.

Mostly, people are confused about stock management in Tally and I have made it extremely easy for you to understand it. Stock Items and Stock Groups in Tally Go through it and I am sure you will learn a lot about Tally which most of the people do not know.

You can also create stock market entries in Tally with the help of stock items in Tally so please understand the notes about stock management in detail. This is what the next part is in our Tally ERP 9 notes.

Roti We need raw materials like flour, water, spices and so on. Our finished product will be roti. What if you can create an entire entry like this in Tally? You can and that too with very much ease. This kind of entry is called manufacturing entry in Tally. It can also be used for assembly of goods. You are just putting rotis in packaging and selling. This is called assembling a product. The same manufacturing or inventory entry can also be used for assembly of products too.

Cars are assembled on the assembly because their parts are often manufactured by different companies. Watch the below video and you will learn how to create a manufacturing entry in Tally.

It is something everyone knows but still they are confused many a times.

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It gets automatically created when you create different vouchers or in simple words, when you pass accounting entries, Tally will build Balance Sheet and Profit and Loss Account for you. There are certain options in balance sheet in Tally which you can use which will help you in understanding balance sheet even better. For example, you can convert the balance sheet in Tally to a vertical format as per the Companies Act with a click of a button.

Similarly, you can use options for profit and loss account in Tally as well. You can also move in between profit and loss account and balance sheet from each of them itself. Stock Summary is basically a reflection of all of your closing stock in Tally. You can also see gross profit on the stock items you sold in the stock summary. There are many such options like this which will help you learn about your stock in a very deep sense.

You can also see opening as well as the closing stock that you have in stock summary in Tally. In the following video, you will learn about stock summary in detail along with ratio analysis. Ratios are very important for any business. There are many ratios that Tally calculates automatically including gross profit ratio, net profit ratio, current ratio and so on. By looking at the ratios, you can quickly know where your business currently stands and how better or bad it is performing and you can take the future actions accordingly.

Here is the video for you. Tally ERP 9 Practical Assignment These Tally notes were really long but it needed to be long so that you can learn each and everything possible about Tally.

Tally.ERP 9 at a Glance.book - Tally Solutions

Detailing is necessary and therefore these notes were long but I have tried to keep them as interesting and as knowledgeable as possible. Now, the time is for a practical assignment. I am giving you one single assignment which will cover everything that you have learned in these Tally notes till now. This is how in reality you will have to work with Tally.

You will have a client and he will ask you for different things and you have to do it all of them in Tally.

In short, this is how practical life works and I have designed this Tally ERP 9 practical assignment in the similar way. You can even download these Tally notes along with the practical assignment in the PDF format, later in this post, so you can use these notes in the future as well, whenever you feel like it.

Here is the Tally ERP 9 practical assignment for you. Create a company in Tally by your name. Create 3 stock items named milk, roti and mobile. Opening balances of these 3 stock items would be milk — 10 liters, roti — 20 pieces and mobile — 5 numbers.

Create 1 sundry debtor outside your state and 1 sundry debtor inside your state. Similarly, create 1 sundry creditor outside your state and 1 sundry creditor inside your state. Totally, there will be 6 GST taxation ledgers. download this from inside your state. Also, fill in the E-Way bill details. Now, create a sales entry.

This sale will be outside the state. Check the Ratio Analysis and see what is the current ratio and quick ratio. In this case, you can create a post dated voucher in Tally. Not just for post dated cheques, you can use it for any entry which is post dated in Tally. Above vouchers are somewhat advanced and therefore I call them advanced vouchers in Tally. For example, if you are selling mobiles, iPhone X is a stock item. Similarly, iPhone 8 is another stock item. You can also group all the iPhones together in a group called Apple because Apple sells iPhones.

This is called a Stock Group in Tally. Total stock items you sold are 13 iPhones. So what we did here? We measured the iPhones sold by numbers which is It is called Units of Measure in Tally. Now, if you are selling milk instead of iPhones, you will measure the milk in liters. Here the unit of measure is liters. Similarly, depending upon the products you sell, units of measure can be numbers, liters, kgs, meters, inches and so on. You can maintain your entire stock or inventory in Tally.

That is why I am asking you to learn how to create and use stock items, stock groups and units of measure in Tally. I have created two different posts regarding creating and using stock items in Tally.

First one is on how you can create stock items, stock groups and units of measure in Tally and second one is on how to use stock items, stock groups and units of measure in Tally. Go through it and I am sure you will learn a lot about Tally which most of the people do not know.

Account Options

Mostly, people are confused about stock management in Tally and I have made it extremely easy for you to understand it. Stock Items and Stock Groups in Tally Go through it and I am sure you will learn a lot about Tally which most of the people do not know.

You can also create stock market entries in Tally with the help of stock items in Tally so please understand the notes about stock management in detail. This is what the next part is in our Tally ERP 9 notes. Roti We need raw materials like flour, water, spices and so on. Our finished product will be roti.

What if you can create an entire entry like this in Tally? You can and that too with very much ease. This kind of entry is called manufacturing entry in Tally. It can also be used for assembly of goods. You are just putting rotis in packaging and selling. This is called assembling a product. The same manufacturing or inventory entry can also be used for assembly of products too. Cars are assembled on the assembly because their parts are often manufactured by different companies.

Watch the below video and you will learn how to create a manufacturing entry in Tally. It is something everyone knows but still they are confused many a times.

It gets automatically created when you create different vouchers or in simple words, when you pass accounting entries, Tally will build Balance Sheet and Profit and Loss Account for you. There are certain options in balance sheet in Tally which you can use which will help you in understanding balance sheet even better. For example, you can convert the balance sheet in Tally to a vertical format as per the Companies Act with a click of a button.

Similarly, you can use options for profit and loss account in Tally as well. You can also move in between profit and loss account and balance sheet from each of them itself. Stock Summary is basically a reflection of all of your closing stock in Tally. You can also see gross profit on the stock items you sold in the stock summary.

There are many such options like this which will help you learn about your stock in a very deep sense. You can also see opening as well as the closing stock that you have in stock summary in Tally. In the following video, you will learn about stock summary in detail along with ratio analysis. Ratios are very important for any business. There are many ratios that Tally calculates automatically including gross profit ratio, net profit ratio, current ratio and so on.

By looking at the ratios, you can quickly know where your business currently stands and how better or bad it is performing and you can take the future actions accordingly. Here is the video for you. Tally ERP 9 Practical Assignment These Tally notes were really long but it needed to be long so that you can learn each and everything possible about Tally. Detailing is necessary and therefore these notes were long but I have tried to keep them as interesting and as knowledgeable as possible.

Now, the time is for a practical assignment.

Tally Practical Question

I am giving you one single assignment which will cover everything that you have learned in these Tally notes till now. This is how in reality you will have to work with Tally.

You will have a client and he will ask you for different things and you have to do it all of them in Tally. In short, this is how practical life works and I have designed this Tally ERP 9 practical assignment in the similar way.

You can even download these Tally notes along with the practical assignment in the PDF format, later in this post, so you can use these notes in the future as well, whenever you feel like it.Related titles. A Sales entry is a Sales Voucher in Tally.

Roti We need raw materials like flour, water, spices and so on. Features is used to change the options related to the selected company only. Here is the video for you. What if you get a cheque today but the date on the cheque is 10 days from now.

What if you can create an entire entry like this in Tally? There are many such options like this which will help you learn about your stock in a very deep sense.

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